MASTERWORKS 211 LLC
OOTC:MXTES10.00
USD
-2.15
(-17.70%)
ISIN
US5759661060
CUSIP
575966106
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- New York United States
- Similar Companies
- Business
- Masterworks 211, LLC is an alternative asset investment vehicle and special purpose company that acquires, holds, and manages blue-chip fine art to provide fractional equity exposure to retail and institutional investors. Formed in 2022 and headquartered in New York, New York, the entity is organized as a Delaware limited liability company sponsored by Masterworks, LLC and administered by Masterworks Administrative Services, LLC. The company operates within the art finance and alternative investment industry, focusing exclusively on the acquisition, curation, preservation, and eventual divestment of a specific contemporary painting by Canadian artist Matthew Wong. Masterworks 211, LLC provides investment and asset management services structured through: Class A ordinary shares issued via Regulation A Tier 2 qualified offerings; public secondary equity trading facilities quoted on the OTC Markets under the ticker symbol MXTES; asset custody and preservation services, including specialized climate-controlled fine art storage, risk management, and comprehensive commercial insurance; curatorial administration, including artwork loan facilitation, provenance documentation, and public exhibition arrangements; and capital distribution and liquidation services, encompassing private treaty sales and auction arrangements designed to monetize the underlying artwork and distribute net proceeds to shareholders. The company targets self-directed retail investors, accredited individuals, and wealth managers across the United States seeking portfolio diversification through physical art assets. In recent developments, Masterworks 211, LLC completed its SEC-qualified public offering and finalized the acquisition of the underlying Matthew Wong painting for approximately 1.8 million dollars. To support shareholder liquidity, the company facilitated the admission and commencement of trading of its Class A ordinary shares on the OTC Markets under the symbol MXTES. The company also maintains ongoing regulatory reporting compliance with the U.S. Securities and Exchange Commission, regularly publishing semi-annual financial reports and current reports on Form 1-U detailing net asset value calculations, storage verifications, and administrative management updates under Masterworks Administrative Services, LLC.